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That failure, however, led to a second period of his career as lucrative as Hong Kong was. He worked with one of his baseball backers to start betting on U.S. horse racing. Parimutuel tracks are scattered around the country, and by the late 1990s it became easier to amass data on a lot of them. The U.S. business took off just as competition began eroding profits in Hong Kong. “There is a golden age for a particular market,” he said, fiddling with a stack of decommissioned casino chips. “When there aren’t many computer players, the guy with the best system can have a huge advantage.”
It was then, in November 2001, that he decided to have a final punt on the Triple Trio. Benter had avoided major prizes since 1997 for fear of angering the Jockey Club’s management, but this jackpot was too big to resist. Wagering on it was something of a lark, albeit an expensive one: He spent HK$1.6 million on the 51,000 combinations. If he won, he decided, he would leave the tickets unclaimed. Club policy in such cases directed the money to a charitable trust.
Some Sharps will say to stay away from parlays altogether. I’m not going to say that. Every once in a while, I will play a parlay. Now it won’t be a 5 or team parlay or anything crazy like that. But rarely I will do a 2 or a 3 team parlay. I don’t make the bet really expecting to win. I know going in that it is a much lower percentage bet and make sure that if I win, it will be big. Amateur bettors love the big payouts from the 6-7-8 team parlays but do you know who loves parlays even more? The Bookie! There is a reason they pay out so much, it’s because they are such low percentage bets. The main difference between a sharp and an amateur is instead of betting a 5 team parlay a sharp will bet 5 separate games. If he walks away 3-2 in those 5 games he would be happy. The amateur, on the other hand, would probably hit 4 of 5 and walk away with nothing. He would then proceed to go home and slam his head into a wall for 5 hours in disgust.
During the late 1920s and the ’30s racetracks became an important source of tax revenue, and by the second half of the 20th century horse racing had become big business. Fields regularly numbered a dozen or more. Once race meetings lasted a day or two, later a week or two, and today, particularly where climate allows, races may be scheduled for half the year or more. More racing dates require more horses, and horses are raced more intensively. Purses grew, particularly after World War II. In 1981 a new American race, the Arlington Million (run at Arlington Park in Arlington Heights, Illinois, outside of Chicago), was the first million-dollar race. Purses routinely topped this amount in the 21st century, growing to greater than $10 million for certain high-profile races.
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Preakness Undercard Stakes Results - There were 7 other stakes on Preakness day but because of the rain only one of the turf races, the Gallorette (G3) won by Ultra Brat, stayed on the grass. The Dixie Stakes (G3) was won by Fire Away on the dirt and the Maryland Sprint Stakes (G3) won by Switzerland. Get the results, charts, and photos for all 7 races here.
No, our predictions and betting tips are based solely on mathematical algorithm. It is just about statistics ! Sport can be unpredictable and there is no magic formula ether. In order to choose good bets you need knowledge, experience and an extensive understanding of the game. Our alghoritm can be only one of your guidelines and aids. The slightest change in events can change the direction of the game such as the weather, teams training, injury and player’s suspension can affect the odds.